Financial Oversight, Budget and Strategy: Not-for-Profit Governance and Assurance

Online Course Available 24/7 CPE: 3.0 Format: On-Demand
COURSE DESCRIPTION

This CPE course reviews procedures and example policies that help maintain good governance and financial oversight by a not-for-profit (NFP) board of directors. It covers basic organizational structure and the responsibilities of a typical NFP finance committee, investment committee, and audit committee that work in partnership to ensure proper stewardship of the NFP’s resources.

You will also learn about budget preparation and monitoring, strategies to analyze the financial health of an NFP, tools such as dashboard reports, analysis, techniques and key ratios to manage and monitor liquidity, cash flow and efficiency.

LEARNING OBJECTIVES
When you complete this course, you will be able to:
Distinguish between the roles and responsibilities of a typical NFP’s board and management with respect to financial oversigh
Identify strategies to analyze the financial health of an NFP
Recall key accounting policies unique to NFPs
Recognize steps to prepare and monitor a successful budget for NFPs
Recall the principles of ethical fundraising and responsible stewardship of contributed resources
MAJOR TOPICS
NFP governing body’s purpose, role and responsibility
IRS Form 990 * Written policies and procedures for NFP boards and committees
Uniform Prudent Management of Institutional Funds Act (UPMIFA)
Ratio analysis
Accounting policies
Budgeting
Types of budgets
Operating reserves
Dashboards
Responsible fundraising
Risk management
COURSE DETAILS
CPE FIELD OF STUDY
Business Management & Organization (3.0 Credits)
WHO SHOULD ATTEND
CPAs involved in NFP financial oversight as well as staff and board members at small- and medium-sized NFPs
INSTRUCTOR(S)
Karen Craig
PREREQUISITES
None
COURSE LEVEL
Basic

MACPA MEMBER


$ (% off)
$79.00
Price includes $xx early registration discount(s) - expires xx/xx

NON-MEMBER


$ (% off)
$89.00
Price includes $xx early registration discount(s) - expires xx/xx
REGISTER FOR THIS COURSE
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